India govt says retail option trader losses fell 18% after regulatory curbs

In India’s equity derivatives market, retail investor losses plummeted by nearly eighteen percent year-on-year. The wave of regulatory measures to control speculative trading led to a significant drop in individual investors participating in this segment. This marks a concerning trend as retail investors have faced ongoing losses over the last five financial years, mirrored by…

Zohran Mamdani’s ‘millionaire home tax’ exposes New York’s ‘ghost cars’ issue

New York City’s proposed millionaire home tax highlights vehicle registration fraud issues. Homeowners may need to prove primary residency, revealing out-of-state vehicle discrepancies. Many vehicles with out-of-state plates owe significant unpaid traffic and parking fines. Investigators found easily obtainable fraudulent registration services online. Similar vehicle registration schemes are also present in Italy and France.